As reported in the Milwaukee Business Journal: Milwaukee-based Phoenix Investors on Friday bought three large manufacturing plants in Arkansas, Indiana and Tennessee from Whirlpool Corp. Read the full story here
As reported in Talk Business & Politics: Whirlpool Corp. has sold its 1.2 million square foot manufacturing plant in Fort Smith to Milwaukee, Wisc.-based Phoenix Investors. Whirlpool closed the refrigerator plant in June 2012, with most production being moved to Mexico. Terms of the deal were not disclosed. Phoenix’s plans for the facility include collaborating with other logistics and distribution enterprises to offer a centrally located hub for several companies, according to a statement from the Fort Smith Regional Chamber of Commerce. The deal is ... Read More
As reported in Arkansas Business: The Fort Smith Regional Chamber of Commerce said Tuesday that Phoenix Investors LLC of Milwaukee had purchased the 1.5 million-SF former Whirlpool manufacturing facility on Jenny Lind Road in Fort Smith. The building has been for sale since the appliance manufacturer closed the plant in 2012. Another building in the complex previously sold. A purchase price was not disclosed. Phoenix Investors purchases single tenant manufacturing sites throughout the country, revitalizes them and markets them to potential occupants. Its portfolio includes ... Read More